Ford loses 3 billion on EV

Let's be fair, this can not at the present time stand on its own two feet being taxpayers are paying $7,500 for someone to buy an EV instead of an ICE vehicle.
But all is good, there is plenty of demand and a significant portion of the population will like to have one in their driveway but the results are skewed as long as taxpayers foot a significant amount of the price tag.
We really do not know the long term or near term full story until at least 10 percent of vehicles on the road are EVs and taxpayers stop paying for others to buy them.

This is why the credit needs yanked. The car will still sell. The only reason why sales dropped when the credit was pulled was because everyone knew it was temporary. If it was gone and stayed gone I don't think it would make a difference other than Tesla lowering prices again to kick start sales and then slowly raise them up over time like they have. If that's the difference between affording the car or not, someone is buying more car than they can comfortably afford.
 
We're spending them either way.

Right now they come in the form of national debt to the military industrial complex and subsidy to the oil companies.

Where would you rather invest - in our own country, or others?
Absolutely agree. We certainly do need to invest in more solid carbon-to-electricity conversion plants to power these EVs. We also need to limit imports of rare earth products and photovoltaics from one specific country, perhaps banning imports of those specific products outright from that monopolilistic state. Invest in America.
 
I thought religion was taboo around here.
Which part is the religion? Hating all electric cars because they don't run on processed dinosaur juice? I don't understand what makes Tesla vaporware. Certain models? Sure the Cybertruck and Roadster may never happen. The other cars are selling and selling well. There are plenty of vaporware companies out there that haven't produced and delivered a single car to anyone. The Tesla in my garage exists just the same as the VW next to it.

Does Elon attract stupid attention? Sure! I can't disagree with that. That's the majority of the "vaporware" problem with certain parts of their business. What they have made is great. He just has a really poor way of showing concepts to drum up business that looks bad on the wait time side. The stuff they actually produce delivers fast. I expected to wait a long time for the car and it was maybe 6 weeks. I can live with that.
 
Governments invested huge amounts of money making roads and infrastructure for this new unproven technology back then,
The equivalent today would be the government to invest in a better electrical grid, so we could charge them, or fund darpa to come up with a better battery everyone could use. Not hand out money to the rich people buying the actual car who would likely buy one anyway. It simply ends up as an additional $7500 in margin for the OEM. Its not the same as building roads in 1913.
 
Its all good, we no longer need to go to church we can buy one of these and worship from home.

Elon Shrine.jpg
 
We're spending them either way.

Right now they come in the form of national debt to the military industrial complex and subsidy to the oil companies.

Where would you rather invest - in our own country, or others?
Oh, please. The entire DOD budget is less than 16% of Federal spending, so spare us the conspiracy theory/political slant on Federal budgeting.
 
Aren't we better off spending these trillions building our our own infrastructure or are we better off buying mile high skyscrapers in the desert ?
If you're referring to the world's tallest building in Dubai, you are leaving out one small detail. The U.A.E. is soaked with cash. We're not. Stupid as it may be, they can afford to build skyscrapers and refrigerated ski slopes in the desert.

Their entire national debt is only 51% of their total GDP of just one year. Compare that to our national debt of $33 TRILLION, that is increasing by TRILLIONS more every year. All with no current plan to break even, let alone pay it off because we ran a continual deficit that does nothing but grow.

If we had Dubai's cash and lack of debt, sure, we can screw with government subsidised EV's, charging stations, buying bonuses for consumers, and everything else.

Dubai is constantly updating their power requirements by adding new everything as they expand. We can't even fix what we currently have.... All of which is in horrible disrepair. Because there is no money to fix it with.

We are currently trying to extend our debt ceiling yet again. All because we waste so much money. Dubai has it to waste. We don't. We don't even have it to spend, unless we print it..... While they pump it through a meter that rains cash on them.
 
Oh, please. The entire DOD budget is less than 16% of Federal spending, so spare us the conspiracy theory/political slant on Federal budgeting.

Ok let's ask the question a different way.

Whats been spent on the 5th fleet alone in the last 30 years, and given a choice to spend that at home on our infrastructure or to keep spending it that way which would you chose?
 
If you're referring to the world's tallest building in Dubai, you are leaving out one small detail. The U.A.E. is soaked with cash. We're not. Stupid as it may be, they can afford to build skyscrapers and refrigerated ski slopes in the desert.

Their entire national debt is only 51% of their total GDP of just one year. Compare that to our national debt of $33 TRILLION, that is increasing by TRILLIONS more every year. All with no current plan to break even, let alone pay it off because we ran a continual deficit that does nothing but grow.

If we had Dubai's cash and lack of debt, sure, we can screw with government subsidised EV's, charging stations, buying bonuses for consumers, and everything else.

Dubai is constantly updating their power requirements by adding new everything as they expand. We can't even fix what we currently have.... All of which is in horrible disrepair. Because there is no money to fix it with.

We are currently trying to extend our debt ceiling yet again. All because we waste so much money. Dubai has it to waste. We don't. We don't even have it to spend, unless we print it..... While they pump it through a meter that rains cash on them.

Dubai is just one city.

If you have a choice to spend our money here or there which do you chose?
 
The equivalent today would be the government to invest in a better electrical grid, so we could charge them, or fund darpa to come up with a better battery everyone could use. Not hand out money to the rich people buying the actual car who would likely buy one anyway. It simply ends up as an additional $7500 in margin for the OEM. Its not the same as building roads in 1913.
Agreed, but there are adjusted income limits:
  • $300,000 for married couples filing jointly
  • $225,000 for heads of households
  • $150,000 for all other filers
 
If you're referring to the world's tallest building in Dubai, you are leaving out one small detail. The U.A.E. is soaked with cash. We're not. Stupid as it may be, they can afford to build skyscrapers and refrigerated ski slopes in the desert.
Gee, what products do the UAE produce? Just who is buying all that sand, or whatever it is they sell to be so dang wealthy?
 
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